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if we chose to raise taxes on certain groups, if we chose to raise taxes on certain corporations, if we chose to readjust maybe 2% to 3% of gross national product, two hundred million sopa trillion, we have all the wherewithal economically to create a viable new war on poverty. how do you do this? if it is a political problem you got to change the politics. we have had 40 years of people saying government doesn't work, it can only deliver clemens. the government can only deliver lemons, why give it more money to develop bad programs? it seems to me the way you break out of this destructive cycle is push a few programs that will be universally popular, that you could implement and could work and in working would shift the discussion about the role of government the same way social security did in 1930s. i actually start, i have a whole bunch of solutions but start with two big ones and i am sorry about this but i will increase your taxes. i hope you will bear with me while i explain why. no apologies. you guys will pay a little bit more if my plan gets implemented. i will advocate and
if we chose to raise taxes on certain groups, if we chose to raise taxes on certain corporations, if we chose to readjust maybe 2% to 3% of gross national product, two hundred million sopa trillion, we have all the wherewithal economically to create a viable new war on poverty. how do you do this? if it is a political problem you got to change the politics. we have had 40 years of people saying government doesn't work, it can only deliver clemens. the government can only deliver lemons, why...
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Nov 2, 2013
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paid is taxes paid is pretty basic. what else is going on out there that's slipping through the cracks on security clearance because taxes, that's right in front of our face and we're missing that. mr. chairman, just to follow-up with senator coburn's comments. i think we have pushed through this committee the revolving dollars to be made for more transparency, more audit, more accountability. the house committee passed that. i would encourage you to do what you can do with your counterpart over in the house to make sure the full house takes that up because it's critically important. there are two pieces of that bill that senator portman, senator mccaskill, senator johnson and others are part of, plus some others, that deals with accountability and it deals with the number of clearances that are out there. i think we should push to try. negotiations are going on, but you have to set a level of expectation. i think that's what that does in part. i want to follow up a little bit on what chairman carper alked with you, ela
paid is taxes paid is pretty basic. what else is going on out there that's slipping through the cracks on security clearance because taxes, that's right in front of our face and we're missing that. mr. chairman, just to follow-up with senator coburn's comments. i think we have pushed through this committee the revolving dollars to be made for more transparency, more audit, more accountability. the house committee passed that. i would encourage you to do what you can do with your counterpart...
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>> there's a specific provision in the tax code that gives a tax benefit to certain corporations. s corporations that have fewer than 100 shareholders and that avoids double taxation. >> under subchapter s this fresh ways only has one shareholder, right? >> these corporations have two. >> they are only treated as one. >> correct. i believe that's right. many of these pending cases it's the share -- sole shareholder. they have several but there are cases that have the sole shareholder and are exactly the same. >> your view then that the corporate form itself has this effect, doesn't that mean then that the state which allows them to incorporate is actually imposing an unconstitutional condition and basically saying if you get these benefits you have to give up certain constitutional rights to do it. >> first there is no constitutional claim before the court. there is no viable free exercise. the only question before this board is the statutory one and 4200 years no corporation or sole shareholder has ever obtained an exemption from any form of regulation on the theory that is being
>> there's a specific provision in the tax code that gives a tax benefit to certain corporations. s corporations that have fewer than 100 shareholders and that avoids double taxation. >> under subchapter s this fresh ways only has one shareholder, right? >> these corporations have two. >> they are only treated as one. >> correct. i believe that's right. many of these pending cases it's the share -- sole shareholder. they have several but there are cases that have...
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we pay our taxes. that's not happening. someone opened the gate. who's back there, marty asked. it turned out to be easy and. she didn't the flowers and this afternoon was pulling a red wagon with gardening supplies. i do it as much as i can she said. marty said the house had been in a summit for 50 years. 64 years. you've got to analyze this, marty said. these are some rough times we're living in. most of our jobs went overseas. you lived on the block's entire life watching the neighbor disappear around him. the barbershops, bars, ice cream parlors all gone. this neighborhood used to be straight, he said. he squinted at the thicket of trees across the street. you get used to it. it's quiet. i like the serenity of my environment. to me, all this is a big plasma screen. you just have to be strong and keep god with you. what does the bible say? you are in this world but not -- way. i said i thought it was all this world but not in it. he nodded, right, right. later i realized i screwed up the quote. of course, we are all in it. [applause] >> and just to maybe frame it before just
we pay our taxes. that's not happening. someone opened the gate. who's back there, marty asked. it turned out to be easy and. she didn't the flowers and this afternoon was pulling a red wagon with gardening supplies. i do it as much as i can she said. marty said the house had been in a summit for 50 years. 64 years. you've got to analyze this, marty said. these are some rough times we're living in. most of our jobs went overseas. you lived on the block's entire life watching the neighbor...
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Nov 3, 2013
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, we said what we've got to do is get some money from albany, that is get permission from albany to tax ourselves because you cannot tax -- other than real estate rates -- you can't do it without permission from albany. so we went to albany and judge marlon -- i don't know whether he's here tonight -- but judge marlon was my deputy mayor for public safety, criminal justice. he had been the presiding justice of the appellate division, second department. a very distinguished, knowledgeable, likable man. so he went forth to albany in pursuit of getting this legislation. and one white republican state senator said to him my constituency is concerned with auto theft and graffiti. we said, but people are dying in the streets. well, we were able to surmount even that. and we got the legislation. and as some will attest -- and i mentioned it in the book -- from its peak, crime decreased more dramatically and rapidly both in terms of actual numbers and percentages than at any time in the modern history of new york city. [applause] on our watch. [applause] the ram was called safe streets, safe ci
, we said what we've got to do is get some money from albany, that is get permission from albany to tax ourselves because you cannot tax -- other than real estate rates -- you can't do it without permission from albany. so we went to albany and judge marlon -- i don't know whether he's here tonight -- but judge marlon was my deputy mayor for public safety, criminal justice. he had been the presiding justice of the appellate division, second department. a very distinguished, knowledgeable,...
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and for example console in my government and in my state, you should understand why a huge amount of tax payers money gets spent on arms initiatives. [applause] [laughter] >> that same thing in sending books and and not tanks and it is to send teachers are not soldiers. [laughter] and are there any closing off and i would like to ask of you have any assignment for us and if there is something you would wish for us to do. >> they greatly appreciate this and do you have a final thought for us? >> let me say thank you on behalf of all of us with politics and prose, all of your friends and they are all your friends here. thank you so much. >> thank you to all of you because you are sitting here listening to me and you're listening to the cause of education, and that is really important for me because i speak for education in every corner of the world and the thing that i noticed here when i came for a second time a few weeks ago to america -- >> to america. >> okay, to america i came here and in our schedule we had written about going to school in their school is just a few kilometers away f
and for example console in my government and in my state, you should understand why a huge amount of tax payers money gets spent on arms initiatives. [applause] [laughter] >> that same thing in sending books and and not tanks and it is to send teachers are not soldiers. [laughter] and are there any closing off and i would like to ask of you have any assignment for us and if there is something you would wish for us to do. >> they greatly appreciate this and do you have a final...
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an--another one talks about how much it will cost after tax. and then mick andreas closes with the line, 'well, you know, basically, it's cheaper to pay the fine than to disappoint the politicians.' and when you look at that in the context of what's going on, here's a company that is--in just one product line, in lysene, is literally stealing tens of millions of dollars a year from all of us. and then the money is being recirculated back into the political system, back into--back into the media with sponsorship of programs. now i am not saying that--you know, that politicians and--and the media have to do, you know, background checks on everybody who provides money, but ultimately it does make--certainly makes me very uncomfortable and people who have read the book and talked to me about it very uncomfortable that, you know, when the doors are closed and people think no one is listening, that these corporate--you know, these corporate types who, when they're in public, talk about first amendment and--and, you know, supporting--expressing their
an--another one talks about how much it will cost after tax. and then mick andreas closes with the line, 'well, you know, basically, it's cheaper to pay the fine than to disappoint the politicians.' and when you look at that in the context of what's going on, here's a company that is--in just one product line, in lysene, is literally stealing tens of millions of dollars a year from all of us. and then the money is being recirculated back into the political system, back into--back into the media...
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cigarettes by hezbollah to obtain funding to basically create the international smuggling of contraband on taxed groat raise money and send to the middle east. it goes back to the thick of not wanting to kill the cash cow. for decades the only the two bombings by hezbollah. but they never conducted any such operation in the u.s. because they didn't want to draught attention of law enforcement. it finally came through the cigarette smuggling case and a few other criminal cases in chicago. we had food stamp fraud and things like that being conducted by middle east organizations. and sending the money back to support hezbollah or hah mas or other groups. bank robbery, armor cared robbery, have been used for decades by terrorist organizations to fundraise. that is not the same as having a direct partnership with russian organized crime or the south american cartels back in those days the other groups. the mexican cartels we see today are operating and undermining mexican and u.s. interests. that's an important distinction to keep in mind. criminal activity is a great source of money from john dill g
cigarettes by hezbollah to obtain funding to basically create the international smuggling of contraband on taxed groat raise money and send to the middle east. it goes back to the thick of not wanting to kill the cash cow. for decades the only the two bombings by hezbollah. but they never conducted any such operation in the u.s. because they didn't want to draught attention of law enforcement. it finally came through the cigarette smuggling case and a few other criminal cases in chicago. we had...
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cliff legislation at the end of last year was our tax hike. we have gotten the tax hike, and we will not support another one. let's explore representative cole's idea of an expedited tax reform process to get us the pro-growth tax policies that will give us the additional revenue we need. lastly, let's explore enacting the mandatory savings contained in president obama's own budget. president obama has outlined budget savings in the entitlement programs that were courageous, difficult, but they do not cut benefits. these proposals do not cut social security. they do not cut medicaid. no one is suggesting, as has been alluded to, suggested by some members of this conference committee that there is a proposal to slash benefits or cut benefits. all we're talking about and all the president is talking about in the mandatory proposed savings in his own budget is slowing the growth rate of these very important programs to save our nation from a fiscal and debt crisis and to save the very valuable programs. i think those are the sweet spot. tax refor
cliff legislation at the end of last year was our tax hike. we have gotten the tax hike, and we will not support another one. let's explore representative cole's idea of an expedited tax reform process to get us the pro-growth tax policies that will give us the additional revenue we need. lastly, let's explore enacting the mandatory savings contained in president obama's own budget. president obama has outlined budget savings in the entitlement programs that were courageous, difficult, but they...
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tax reform. there are ripoffs and loopholes for us to close in the meantime without jeopardizing the goals of comprehensive tax reform. my hope is that this conference and put our feet in both camps, for tax reform and against tax ripoffs. a good place to start -- incentives that push companies to move jobs overseas. second is medicare. the future for medicare is better care at lower cost. it is very different than 1965. chronic disease, cancer, diabetes, and other problems -- current government rules and practices impede our efforts to deliver to these seniors. we are working on a bipartisan proposal to address these issues. we look forward to working with the conference on these issues. there is a better way, colleagues. fairness -- my view is there has to be parity between defense and nondefense. the rule of the whole sequestration debate -- the rules were that you are going to cut defense and nondefense equally. to change those rules in the middle of this debate would be a very substantial mi
tax reform. there are ripoffs and loopholes for us to close in the meantime without jeopardizing the goals of comprehensive tax reform. my hope is that this conference and put our feet in both camps, for tax reform and against tax ripoffs. a good place to start -- incentives that push companies to move jobs overseas. second is medicare. the future for medicare is better care at lower cost. it is very different than 1965. chronic disease, cancer, diabetes, and other problems -- current...
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tax pairs. what we need to do is have a serious dialogue about grown-up things about -- >> but we don't. >> how many times have we raised taxes when they didn't cut? there's never been entitlement reform. it's a one-way street all the time. >> nancy pelosi said this, that revenue needs to be on the table in relation to discussions to soften the sequester cuts. >> of course. >> so the democrats are trying to soften those automatic spending cuts, and at the same time raise taxes. they don't cut spending as much and raise taxes. it's crazy. >> the last time we had a serious consideration of entitlement reform was simpson-bowles. and president obama turned the other way. >> adam talked about a business analogy. a business doesn't say we're going to spend $2 million this year, and then we'll figure out what we'll take in. first you figure out how much you're going to take in, and then you figure out how much you're going to spend. we do it the opposite way. there is a limit to taxing. when people tal
tax pairs. what we need to do is have a serious dialogue about grown-up things about -- >> but we don't. >> how many times have we raised taxes when they didn't cut? there's never been entitlement reform. it's a one-way street all the time. >> nancy pelosi said this, that revenue needs to be on the table in relation to discussions to soften the sequester cuts. >> of course. >> so the democrats are trying to soften those automatic spending cuts, and at the same time...
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dpas tax and never will. and they are consuming the roads. i am consuming gas in my vespa and paying more than the tesla. this is the only way to make them pay their share. anytime people pay for their own use of government resources, i am for it. >> tracy, we already pay taxes and tolls. and those get misused. >> that's the problem. brenda, i am the first person who, you know, you should put a much. you could solve all the government's woes in like a week. >> don't volunteer. >> of commuting for me between work and the kids. but the problem is we have a gas tax that's already misspent. it's supposed to be used to fix the roads. where is it? who the heck knows? it's just like every other dollars that go into the government coffers. it gets lost in a black hole. if i knew the tax was being used appropriately, i would say raise it, go ahead. i can't stand the bumps and the potholes in the roads that bust my tires every third day, but it's not being used that way. >> bernard, you're not volunteering i take it. b
dpas tax and never will. and they are consuming the roads. i am consuming gas in my vespa and paying more than the tesla. this is the only way to make them pay their share. anytime people pay for their own use of government resources, i am for it. >> tracy, we already pay taxes and tolls. and those get misused. >> that's the problem. brenda, i am the first person who, you know, you should put a much. you could solve all the government's woes in like a week. >> don't volunteer....
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this lottery as a means of sparking a national debate on the payment of taxes. we're trying to encourage people to insist that they are given receipts. one shopkeepers to realize that in a fair business environment giving receipts is normal. whoever doesn't pay taxes jointly seriously jeopardizing the country's competitive capability. so by using an unfair advantage during the petition on federal if italy. evening in practice law. even during spot at a bar come with a receipt. and that's no bad thing because come the morning after the night before from all the complains that the drinking was nearly late to take part in the draw. do so ally in the period to stop this. that's how survivors describe the risque of thousands of danish during the second book will denmark was invaded by hitler's troops in nineteen fourteen and three is like a german diplomat its differentiated himself from the regime while the and denmark of that time typically seem to concentration camps. the fled to escape to sweeten with the help of the local population. reese robina dh has returned
this lottery as a means of sparking a national debate on the payment of taxes. we're trying to encourage people to insist that they are given receipts. one shopkeepers to realize that in a fair business environment giving receipts is normal. whoever doesn't pay taxes jointly seriously jeopardizing the country's competitive capability. so by using an unfair advantage during the petition on federal if italy. evening in practice law. even during spot at a bar come with a receipt. and that's no bad...
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the income tax, if raised would get rid of a traditional policy of a low flat tax. i would make the case one of the reasons colorado has been a high growth state is because they've had a very, you know, sound economic -- that's in jeopardy now. >> the flat tax. all income levels. if this passes, it would move up to 5% for certain taxpayers and 5.9% i think it is for people above $75,000 a year. then what's happened with states to get rid of the flat tax, it makes it easier to raise taxes again and again. >> right. just ask people in illinois or ask people in new jersey and new york. it won't be long until that goes up to 8% in my opinion if they pass this. i think the people will vote it down. >> what all this money is supposed to fund is more pre-k and full-day kindergarten. the evidence is just not there this improves educational outcomes. even the department of education's own study on headstart shows you a lot of these early investments don't pay off. >> let's turn to new jersey where you are a voter, james, and chris christie, the republican governor, looks lik
the income tax, if raised would get rid of a traditional policy of a low flat tax. i would make the case one of the reasons colorado has been a high growth state is because they've had a very, you know, sound economic -- that's in jeopardy now. >> the flat tax. all income levels. if this passes, it would move up to 5% for certain taxpayers and 5.9% i think it is for people above $75,000 a year. then what's happened with states to get rid of the flat tax, it makes it easier to raise taxes...
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two, you are going to have tax incentives, tax rebates for millions, as many as 6 or 7 million americans to get into this program. so they can get health coverage. >> who pays for that, julianne? who picks up the tab on rebates? >> that was part of the aca, that was part of the law. that was part of -- it comes through a tax rebate. >> let's talk about where the money comes from. originally when president obama pushed this, and turned a bill into a law, the cbo said it was going to be about $900 billion. now, they have upped that. the cbo has under that number to $1.8 trillion. we are not even talking about these additional insion incentives and rebates which is only going to add though that number. >> one how is it paid for tax increases like the medical equipment tax and increase on capital gains. there is no question there are some taxes that are paying for this secondly, the cbo also made it clear that the healthcare law was going to be a net reducer in terms of our federal deficit. >> julian, i have toil, president obama, unequivocally said this will not be a tax increase. he looked
two, you are going to have tax incentives, tax rebates for millions, as many as 6 or 7 million americans to get into this program. so they can get health coverage. >> who pays for that, julianne? who picks up the tab on rebates? >> that was part of the aca, that was part of the law. that was part of -- it comes through a tax rebate. >> let's talk about where the money comes from. originally when president obama pushed this, and turned a bill into a law, the cbo said it was...
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and they pay much lower taxes than the average working class american because they get tax gimmicks. you put their taxes at a normal level not even a superhigh level for these unbelievable checks that they take home and you fund 47 million people. >> this is a solution, get rid of what's called carried interest, the loophole you're talking about. get rid of the carried interest loophole for the top 40 people. do it just for the top 40 -- >> you'd probably get about $3 billion a year from the 40 people alone. this would be, you know, i have here, i brought it because i thought it was relevant. to a piece of legislation submitted by senator levin, which is all of the worst tax phony loopholes for american companies, putting their money in the caymans, this is $220 billion over ten years, it's not about raising tax or anything, it's about closing the most disgusting, egregious loopholes we could feed our children decently without breaking a sweat. >> okay. margaret, why did there's been a lot today. i don't think they're being disingenuous. i think if you look at the record of the parti
and they pay much lower taxes than the average working class american because they get tax gimmicks. you put their taxes at a normal level not even a superhigh level for these unbelievable checks that they take home and you fund 47 million people. >> this is a solution, get rid of what's called carried interest, the loophole you're talking about. get rid of the carried interest loophole for the top 40 people. do it just for the top 40 -- >> you'd probably get about $3 billion a year...
SFGTV: San Francisco Government Television
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the proceeds of the tax will be a special tax an go to fund nutrition active and physical activities and health programs in our schools, in our parks and other venues. colleagues, we are experiencing an epidemic of health problems relating to the consumption of sugar sweets and beverages including diabetes, obesity, affecting adults, children, teenagers, etc. a tremendous amount of work has been done by physicians and research and advocates showing there is a direct link to diabetes and other ailments. supervisor mar, cohen and avalos have also worked on this issue. this is one of those issues that is and has to be a group effort and it takes a village. any other it -- i know it will take a village to get this measure passed. the statistics are alarming. a third of san francisco children are obese or overweight. every one beverage increases the risk of diabetes. one in 3 children born today will develop diabetes in a their lifetime if sugary drinks do not decline. 10 percent of americans have diagnosed or undiagnosed type 2 diabetes and more than a third are on the road to developing
the proceeds of the tax will be a special tax an go to fund nutrition active and physical activities and health programs in our schools, in our parks and other venues. colleagues, we are experiencing an epidemic of health problems relating to the consumption of sugar sweets and beverages including diabetes, obesity, affecting adults, children, teenagers, etc. a tremendous amount of work has been done by physicians and research and advocates showing there is a direct link to diabetes and other...
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maybe through tax increases and closing tax loopholes. republicans are going to try to hold the line. hold on to those cuts, but shuffle the cuts around in a way they favor more. that's the fight over that. i don't think we will get a tax code reform or entitlement spending. >> you know everyone's poll numbers took a hit after the obamacare debacle and debate. do you think this time poll numbers will matter or public opinion will weigh in the budget talks, or is it a different tight this time, if you will? >> the poll numbers will matter, but in this case if you don't have the fight over a government shutdown, republicans may feel safer in pushing for maintaining the spending cuts. they feel like they have the upper hand with the public on this one because so many in poll numbers in the public have said they want to see our debt and deficit under control. so the republican thinking right now on capitol hill is they can fight for these spending cuts and the public will back them. >> the democrats are thinking they have the stronger positio
maybe through tax increases and closing tax loopholes. republicans are going to try to hold the line. hold on to those cuts, but shuffle the cuts around in a way they favor more. that's the fight over that. i don't think we will get a tax code reform or entitlement spending. >> you know everyone's poll numbers took a hit after the obamacare debacle and debate. do you think this time poll numbers will matter or public opinion will weigh in the budget talks, or is it a different tight this...
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andy taxing times faced by french footballer whose bosses are threatening to strike over seventy five percent tax on wealth above one million euro loss of getting out of the leaders from james credence in our media watch second study art in the newsroom it's a low once again to not be a chart clarion calls levies on headlines they sound intelligence officials say they needed the pakistani taliban has been killed in a suspected us drones truck humans are causing to put a dent in the pas. this time in sentences that to be planning his funeral. the resistance from the syrian opposition peace envoy. he was against new delays in peace talks sharon's departure is the main obstacle to getting all psyched to the negotiation table. in reality he is in washington president obama for assistance be back later and said to finance a country suspected cause of the growing unrest that the war. yes this developing story coming out of the us the suspect is said to be in custody until sunday's international apple. today is friday after reports of the shooting. it is coming in. at least i can find today
andy taxing times faced by french footballer whose bosses are threatening to strike over seventy five percent tax on wealth above one million euro loss of getting out of the leaders from james credence in our media watch second study art in the newsroom it's a low once again to not be a chart clarion calls levies on headlines they sound intelligence officials say they needed the pakistani taliban has been killed in a suspected us drones truck humans are causing to put a dent in the pas. this...
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the latest government policies are planning to through to raise consumer taxes from twenty percent to eight percent to eventually ten percent next year they're promising some cuts through to businesses but it's also all directed business. tax cuts so the question is if a foreign investor goes in there what can he expect in terms of how these manipulations by the government may work for him or way work against him and the uncertainties of the instabilities overture to the economy there will even get out of the doldrums looking ahead richard i'm sorry to cut you off but thank you so much for joining us that was richard ebeling professor of economics at northwood university thank you. coming up it's friday night and if you're looking for a last minute date we might have a solution for you are to correspondent on a stasia churkin i reports on a new dating say that uses bribery to win the hearts and secure dates that should be interesting and remember the stress that you went through way back in high school for your s.a.t.'s well you better hope now more than ever and that those late night
the latest government policies are planning to through to raise consumer taxes from twenty percent to eight percent to eventually ten percent next year they're promising some cuts through to businesses but it's also all directed business. tax cuts so the question is if a foreign investor goes in there what can he expect in terms of how these manipulations by the government may work for him or way work against him and the uncertainties of the instabilities overture to the economy there will even...
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the much you tax matters to. a man who sent and received a bunch of tax or less satisfied with their relationships. the woman who said that more often said the opposite >> reporter: upper 60s for the south bay. hi to top up below in the inland. san francisco los 64 high. 67 oakland and 7 day at around the bay but sunday sunny. but pretty windy. temperatures will warm up monday with a chance of rain are ready by next friday. catherine? set >> catherine: starting today, the special lights l e d on the western span of the bay bridge will be on until dawn. they usually shut off at 2:00 a.m.. the long or hours were paid for by the nonprofit group is this the bacon and cheese diet? this is the creamy chicken corn chowder. i mean, look at it. so indulgent. did i tell you i am on the... [ both ] chicken pot pie diet! me too! [ male announcer ] so indulgent, you'll never believe they're light. 100-calorie progresso light soups. [ female announcer ] at 100 calories, not all food choices add up. some are giant. some not so
the much you tax matters to. a man who sent and received a bunch of tax or less satisfied with their relationships. the woman who said that more often said the opposite >> reporter: upper 60s for the south bay. hi to top up below in the inland. san francisco los 64 high. 67 oakland and 7 day at around the bay but sunday sunny. but pretty windy. temperatures will warm up monday with a chance of rain are ready by next friday. catherine? set >> catherine: starting today, the special...
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s making thirty to one for forty years reagan tax cuts come in c.e.o. start making five hundred to one because hey now at the top it used to be if you made over three million dollars a year you got taxes of our percent i know where romney does not contain trillion dollar deficit that we have that we've been spending every spot that deficit that came about because george bush put two wars on the credit card we got a lot of carefully done my not paid for tax cuts for billionaires not for crash to the banking system and i arranged part of this all all right there at all and he never said strike down president obama has cut the budget deficit in half since bush no tax receipts remotest chance to release him so it's a first that's the reason maybe that's crazy because to be responsible for liberal he's pretty fiscally responsible because he was forced to liberals force it was because our moderate republican servant a democrat and daughter about what isin our. money when you don't want to attack the interrogatory i could add why don't you answer that space is
s making thirty to one for forty years reagan tax cuts come in c.e.o. start making five hundred to one because hey now at the top it used to be if you made over three million dollars a year you got taxes of our percent i know where romney does not contain trillion dollar deficit that we have that we've been spending every spot that deficit that came about because george bush put two wars on the credit card we got a lot of carefully done my not paid for tax cuts for billionaires not for crash to...
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more in taxes per family versus my $700 tax cut. but a lot of them zero in now this month on obama care. and there's a stark difference between me and terry mcauliffe there also. and once again, his approach is bigger government, and mine is smaller government. i was the first to fight obama care, and he wants to expand it. >> you were the first one to fight it. you were the first one to sue on obama care. >> right. >> at the same time, is that an issue for virginia voters? i mean, you know, we look at these numbers, and we're talking about, you know, roughly 10% of the folks going to the polls are federal workers are their families. i mean, you've got huge -- >> yes, but lou, they're seeing this fail. they're seeing it fail before their very eyes on every network. it isn't just on fox. it's on cnn. it's on the three nbc, cbs, they're all running this failure. and this is proving that those of us on my side of the argument have been right, and it is a state issue because the single biggest budget decision the next governor of virgin
more in taxes per family versus my $700 tax cut. but a lot of them zero in now this month on obama care. and there's a stark difference between me and terry mcauliffe there also. and once again, his approach is bigger government, and mine is smaller government. i was the first to fight obama care, and he wants to expand it. >> you were the first one to fight it. you were the first one to sue on obama care. >> right. >> at the same time, is that an issue for virginia voters? i...
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sort of like last year when democrats argued they weren't really raising taxes on the wealthy. we were just returning to clinton era levels. listen. >> all we're asking is that folks like me go back to the rates we paid under bill clinton. >> the same level they were during the clinton administration. >> it's bringing tax rates up to what it was for the wealthy in the clinton era. >> so is this a cut to food stamps or not? >> sure, it's a cut to food stamps. let's not play semantic games. if you were getting a certain amount of food stamps yesterday and today you get less, that's a cut. now, that said, the fact is that we are still spending more and more money on this program, and we can't just continue to expand it forever. >> but isn't it because people need it? look, there's this perception out there that -- and you've ever seen, not everybody on food stamps needs food stamps to survive. there's this perception that some of these people might be lazy. there's a perception that people are somehow gaming the system. but when we talk to food bank people who run food banks, they
sort of like last year when democrats argued they weren't really raising taxes on the wealthy. we were just returning to clinton era levels. listen. >> all we're asking is that folks like me go back to the rates we paid under bill clinton. >> the same level they were during the clinton administration. >> it's bringing tax rates up to what it was for the wealthy in the clinton era. >> so is this a cut to food stamps or not? >> sure, it's a cut to food stamps. let's...
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my big fear is that politicians will want to eat their sticky fingers on it and tax it began, tax it away. are you worried? at some point congress will say, you know what, we can't let people just see that money grow and grow over time. >> we have seen that already. reside in a political campaign when a big hubbub was made over romney's large ira. so this is a tax attack that has been underway repeatedly. where it will end up in the present coress and the present political fight to my down expect anybody to gain major action in either direction. the democrats will not permit it. there will not be tax hikes. the republicans won't permit it. we won't have any of this for now. the attack on the accumulation of savings above some certai level is there, and it is going to be there all the time. we need to be vigilant and out it. gerri: we will bring you back to talk about it. if any of that pops begin help us explain it to everybody. >> thanks. gerri: well, time for a look at the stories you are clicking on tonight on foxbusiness.com stocks ending the day slightly higher. some investors a
my big fear is that politicians will want to eat their sticky fingers on it and tax it began, tax it away. are you worried? at some point congress will say, you know what, we can't let people just see that money grow and grow over time. >> we have seen that already. reside in a political campaign when a big hubbub was made over romney's large ira. so this is a tax attack that has been underway repeatedly. where it will end up in the present coress and the present political fight to my...
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to have to kafr for people on medicaid, they have to raise taxes, raise income tax or cut spending for roads, schools and things like that. there are a lot of people who still need insurance so let's expand it to help people get on. but real costs come with it. it's taxpayers. 26 states signed up for this. federal money is paying for them. you're still paying. >> if you think you're, you're not. you're a federal taxpayers. if they have a swelling of the medicaid rolls and don't pay from the exchanges guess who pays. here's a hint. ready? we have been digging into the rule causing millions of americans to lose health insurance. democratic senator mary landrieu is leading an effort to make sure the president's promise will be kept that people can keep their health care insurance if they like it. wait until we show you what she said about this specific issue just a couple of years ago. plus, he was a successful businessman with hundreds of employees but now not a one. he'll join us live with his warning for working americans in the wake of obama care. >>> breaking details tonight on a dea
to have to kafr for people on medicaid, they have to raise taxes, raise income tax or cut spending for roads, schools and things like that. there are a lot of people who still need insurance so let's expand it to help people get on. but real costs come with it. it's taxpayers. 26 states signed up for this. federal money is paying for them. you're still paying. >> if you think you're, you're not. you're a federal taxpayers. if they have a swelling of the medicaid rolls and don't pay from...
SFGTV2: San Francisco Government Television
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choices on everything from escalating pension costs to reforming our unfair job punishing business tax. we've injected a healthy dose of fiscal discipline with two-year budgeting, five-year financial planning, and a 10-year capital plan to get to us this point. but it's been worth it. san francisco's credit ratings have been upgraded by every rating agency in the past year, making our tax dollars go further when we deliver capital projects, and giving our city even more investor confidence. so, now it is not the time to take our eyes off the ball. we have to continue reforms to protect our city's economic recovery and make our city safe, solvent, and successful. like taking meaningful action to address our $4.4 billion of unfunded retiree health care liability. thank you, supervisor mark farrell, for taking this on. you have my full support on this important issue. (applause) >> while reforms and sacrifices have spared us deep cuts we've experienced during the deepest part of our economic downturn, we still have much work to do. this year's projected $123.6 million general fund shortfa
choices on everything from escalating pension costs to reforming our unfair job punishing business tax. we've injected a healthy dose of fiscal discipline with two-year budgeting, five-year financial planning, and a 10-year capital plan to get to us this point. but it's been worth it. san francisco's credit ratings have been upgraded by every rating agency in the past year, making our tax dollars go further when we deliver capital projects, and giving our city even more investor confidence. so,...
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the mexican congress approved the tax on salty and sugary junk food, charging 8% tax on foods that are 275 call lis or more. the mexican president is encouraging people to exercise an hour a day. i'm morgan radford. see you again at 4am eastern.
the mexican congress approved the tax on salty and sugary junk food, charging 8% tax on foods that are 275 call lis or more. the mexican president is encouraging people to exercise an hour a day. i'm morgan radford. see you again at 4am eastern.
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president hollande and backtracked and suspended the tax for further talks. protesters feel they have the initiative. they want him to go further. they want it jabbed all together. they've been promised more state aid but they're still not happy. the speeches being made here just before a big march are voicing that anger. >> now russia is moving a group of detained activists, the environmental group greenpeace say 30 of its members will be moved from a jail to st. petersburg. they found out about the move from diplomatic forces, but they're not sure why the drop is being moved. russia detained 30 protesters after a demonstration at an offshore oil rig. they were first charged with piracy but russia has replaced that with hooliganism charges. green peace is now demanding their release. >>> egypt's jon stewart, his show was yanked just moments before it was scheduled to air and it had only been back on for a week. he became hugely popular in egypt for his jabs at mohamed morsi, the egyptian president who had been ousted in july. >>> up from the ashes after the
president hollande and backtracked and suspended the tax for further talks. protesters feel they have the initiative. they want him to go further. they want it jabbed all together. they've been promised more state aid but they're still not happy. the speeches being made here just before a big march are voicing that anger. >> now russia is moving a group of detained activists, the environmental group greenpeace say 30 of its members will be moved from a jail to st. petersburg. they found...
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it -- i don't necessarily agree with some of the tax policies that we have for patrioting of cash but with those costs to bring back in money from the united states, it certainly can make sense to borrow and buy back. >> we'll leave it there. thank you for your thoughts. tim courtney. >>> and some more trouble at jp morgan chase. the u.s. justice department and securities exchange commission are looking into the hiring practices at jp mogen at hong kong offices. relative of chinese party officials got jobs there and the bank said in a regulatory filing that several u.s. government agencies requested information about the foreign exchange trading business and whether employees were rigging the market. >>> jp morgan chase isn't alone. citi group, the bank that conducts the most international business revealed that federal investigators are looking into the foreign exchange trading for evidence of possible market manipulation. >>> more on the trouble of the affordable care act healthcare.gov. they looked at what users of the website experience as they shop for health insurance plans and
it -- i don't necessarily agree with some of the tax policies that we have for patrioting of cash but with those costs to bring back in money from the united states, it certainly can make sense to borrow and buy back. >> we'll leave it there. thank you for your thoughts. tim courtney. >>> and some more trouble at jp morgan chase. the u.s. justice department and securities exchange commission are looking into the hiring practices at jp mogen at hong kong offices. relative of...
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. >>> track and tax. it started in oregon. and now other states are looking to put black boxes in cars to
. >>> track and tax. it started in oregon. and now other states are looking to put black boxes in cars to
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you owed to the king the tide and tax because after all, he was anointed by god. john: a majority at the time voted for it. >> it passed and as the president is apt to tell you very quickly, it passed through the supreme court with some changes. you know, is still be, a part of the united states congress to change something that is bad. chase something that people don't want. and really, the next up in this trauma, if you will, is up to the american people. i have done what i can't the last three years to either try to deflect or improve are not damaged people so badly with this thing. honestly, do you remember back in 1988 when the catastrophic health care plan was revealed after the people rose up and said, you have got to get rid of this? that is the type of citizen involvement that is going to be required to revse course on what you correctly point out is a massive government overreach. john: let's move on from the legislation itself and just the idea. the european idea is that health care is a right. whato you say to these american politicians making the same
you owed to the king the tide and tax because after all, he was anointed by god. john: a majority at the time voted for it. >> it passed and as the president is apt to tell you very quickly, it passed through the supreme court with some changes. you know, is still be, a part of the united states congress to change something that is bad. chase something that people don't want. and really, the next up in this trauma, if you will, is up to the american people. i have done what i can't the...
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he says i'm only going to tax the rich and he defined them as anyone who makes $500,000 or more. last time i heard that, barack obama said it in the payroll tax went up in the middle class always gets hit the worst. neil: you mentioned something as well. and no response back. to this issue, the biggest employer in the city, the reverberations could be that they start charging more for loans and this is something that will impact the country when he was mayor of the city. >> they expect that the banks don't have to be in new york and it can go anywhere and any other one of the 49 states. we have seen this happen over and over again when i was growing up in the city and you drive up on the way to new england, the only thing in that area was the marriott hotel. neil: yes,. >> every single one of those used to be in new york city. neil: i get annoyed with the arrogance of those tried-and-true new yorkers would say what also they going to go, this is the place to be, which is your point with them and others, the goal and leave the entire country to switzerland or hong kong. >> jcpenne
he says i'm only going to tax the rich and he defined them as anyone who makes $500,000 or more. last time i heard that, barack obama said it in the payroll tax went up in the middle class always gets hit the worst. neil: you mentioned something as well. and no response back. to this issue, the biggest employer in the city, the reverberations could be that they start charging more for loans and this is something that will impact the country when he was mayor of the city. >> they expect...
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. >> more demonstration taking place in france on a new tax even after the government greed to suspend the levy. it happened in a northwest town that would be affected by the tax because of its dependence on agriculture. >> reporter: the police have used water canon briefly. most of the crowd are very peaceful. they are families. they've come out because they're angry about what they say the government is inflicting on their region. it's not just the ecotax, of course, which has been suspended for the time being after some demonstrations last weekend about that particular tax. it is also about the general state of the economy here. not usually a region that has suffered in the past. employment has been pretty good. but in recent months there has been a number of closure of food processing factories. they say the unions and the owners say they're being under cut by cheap labor unfairly elsewhere in europe. they're angry about that. they want the government to do something to redress that imbalance. they've been promised state aid to help them, but they clearly want this ecotax, which wo
. >> more demonstration taking place in france on a new tax even after the government greed to suspend the levy. it happened in a northwest town that would be affected by the tax because of its dependence on agriculture. >> reporter: the police have used water canon briefly. most of the crowd are very peaceful. they are families. they've come out because they're angry about what they say the government is inflicting on their region. it's not just the ecotax, of course, which has...
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which means in practical terms we have to cut from somewhere else or raise taxes. and the picture of retiree health care where we can fund health care on 3 percent of people's annual salaries is a little bit rosy. it's not something we can really bet on with health care costs and benefit costs rising at the, you know, 3 and 44 percent. salaries rising at 3 and 4 percent rather. its far greater than the pace of inflation and greater than the contributions >> so we have a little bit of time level overview left are supervisor farrell when i started working on prop a it was important in san francisco. i made sure we assaulted with our labor and all communities. i'm proud to say we have the support of every member of the board of supervisors and the democratic party here in san francisco and the republican party in san francisco. swms the harvey milk club and every single every elected official in is no. this is building on prop c we passed in 2011 and if we can pass prop b we'll pass at the ballot and something we should be product u proud of >> thank you, mr. murphy.
which means in practical terms we have to cut from somewhere else or raise taxes. and the picture of retiree health care where we can fund health care on 3 percent of people's annual salaries is a little bit rosy. it's not something we can really bet on with health care costs and benefit costs rising at the, you know, 3 and 44 percent. salaries rising at 3 and 4 percent rather. its far greater than the pace of inflation and greater than the contributions >> so we have a little bit of time...
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paid is taxes paid is pretty basic. what else is going on out there that's slipping through the cracks on security clearance because taxes, that's right in front of our face and we're missing that. mr. chairman, just to follow-up with senator coburn's comments. i think we have pushed through this committee the revolving dollars to be made for more transparency, more audit, more accountability. the house committee passed that. i would encourage you to do what you can do with your counterpart over in the house to make sure the full house takes that up because it's critically important. there are two pieces of that bill that senator portman, senator mccaskill, senator johnson and others are part of, plus some others, that deals with accountability and it deals with the number of clearances that are out there. i think we should push to try. negotiations are going on, but you have to set a level of expectation. i think that's what that does in part. i want to follow up a little bit on what chairman carper talked with you, el
paid is taxes paid is pretty basic. what else is going on out there that's slipping through the cracks on security clearance because taxes, that's right in front of our face and we're missing that. mr. chairman, just to follow-up with senator coburn's comments. i think we have pushed through this committee the revolving dollars to be made for more transparency, more audit, more accountability. the house committee passed that. i would encourage you to do what you can do with your counterpart...
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lou: why would congressman paul ryan get involved in integration and trying to rewrite the tax code in such a short timeframe and as i was talking with jon barrasso yesterday, the leadership priorities are to preserve sequester and ensure that no taxes are raised here. why expand again -- it's one of those baffling things to me that the republican party always seems to be inclined to turn potential political victories in moments of achievement into failure and i just don't understand it. >> he is focused on this budget negotiation and i don't think there'll be there will be a grand bargain. we are focused on not only keeping victories like this in place but adding to them as well and tax reform would be a victory that would help grow the economy and help alleviate the deficits. lou: but we are sitting here looking at this. >> cannot speak for him, but we are focused on trying to get a budget done and when you don't have a budget is when you have this continuous resolution. lou: goes back to what i was saying. >> earlier i said that it's okay to say no when no is what is %from people so
lou: why would congressman paul ryan get involved in integration and trying to rewrite the tax code in such a short timeframe and as i was talking with jon barrasso yesterday, the leadership priorities are to preserve sequester and ensure that no taxes are raised here. why expand again -- it's one of those baffling things to me that the republican party always seems to be inclined to turn potential political victories in moments of achievement into failure and i just don't understand it....